I worked for a mom + pop Amazon seller (manufacture + ship from China to America, stick packaging on it, send it in to Fulfillment by Amazon, collect a check)
He's probably worth $50m as one of the top 250 sellers. Probably ~20 SKUs. Tons of competitors trying to bring him down but his product has so many reviews that it is just a money printer.
He was smart to be at the right place at the right time. He undercut the bigdogs back in the day (~10 years ago maybe?) and gained momentum.
He refused to admit to me that he was lucky. He refused to admit that he had the right idea at the right time. Was his execution great? You bet. Good marketing/product advertising/images/pivoting/getting through hardships/blah blah blah.
But like... he couldn't do again if he had to start from scratch in 2019. Things are different. And he refused to acknowledge that. He wanted to believe everything he did was perfect and he got his wealth purely from skill.
He's probably worth $50m as one of the top 250 sellers. Probably ~20 SKUs. Tons of competitors trying to bring him down but his product has so many reviews that it is just a money printer.
He was smart to be at the right place at the right time. He undercut the bigdogs back in the day (~10 years ago maybe?) and gained momentum.
He refused to admit to me that he was lucky. He refused to admit that he had the right idea at the right time. Was his execution great? You bet. Good marketing/product advertising/images/pivoting/getting through hardships/blah blah blah.
But like... he couldn't do again if he had to start from scratch in 2019. Things are different. And he refused to acknowledge that. He wanted to believe everything he did was perfect and he got his wealth purely from skill.
I think that's a bad trait :(